[CoachKandSportsguy]

Allstate has quietly stopped new home insurance policies in California

behind a paywall, but you get the point

[OrangeBlossomBaby]

Originally Posted by CoachKandSportsguy

Allstate has quietly stopped new home insurance policies in California

behind a paywall, but you get the point

Nothing new -

Allstate had previously paused new homeowner policies in California from 2007 to 2016, after state regulators questioned the company’s request for a 12.2% rate increase.

Also not surprising, they're not the only ones who've pulled out of the state because of increased risk of fires, inflation, and "re-insurance" costs, according to the article.

California and Oregon are HUGE fire hazard areas. Just like trying to find hurricane insurance that covers roof replacement costs in Florida is a nightmare, trying to find affordable homeowners insurance in a literal hotbed of tinder is a nightmare.

It didn't used to be this bad but - the "climate change that isn't happening" has been getting worse over the years, and now it's not happening enough to impact homeowners insurance.

[CoachKandSportsguy]

Originally Posted by OrangeBlossomBaby

It didn't used to be this bad but - the "climate change that isn't happening" has been getting worse over the years, and now it's not happening enough to impact homeowners insurance.

I am not a climate change denier. . Just not sure of the cause because the true cause is seldom what common knowledge and politicians say is the cause.

But CA is a terrain which is prone to natural issues which have negative consequences on houses. . .

just wondering if the world is getting too big to manage given the human creativity to extend life way beyond what the pre 1900 life span average was, and to squeeze more crops out of an acre way beyond what the pre 1900 crop yield was

[Robbb]

Originally Posted by CoachKandSportsguy

Allstate has quietly stopped new home insurance policies in California

behind a paywall, but you get the point

Kind of worthless to post a link that you have to subscribe to a newspaper to read.

[OrangeBlossomBaby]

Originally Posted by Robbb

Kind of worthless to post a link that you have to subscribe to a newspaper to read.

You don't have to subscribe to it to read it, if you haven't read anything else from that newspaper in the past month. You get I believe 1 article per month free, no sign-in needed.

[Two Bills]

Originally Posted by Robbb

Kind of worthless to post a link that you have to subscribe to a newspaper to read.

When an online publication has some reading restrictions, I change my VPN location, and in most cases that will get you past them.
Works for me.

[JMintzer]

Originally Posted by OrangeBlossomBaby

Nothing new -


Also not surprising, they're not the only ones who've pulled out of the state because of increased risk of fires, inflation, and "re-insurance" costs, according to the article.

California and Oregon are HUGE fire hazard areas. Just like trying to find hurricane insurance that covers roof replacement costs in Florida is a nightmare, trying to find affordable homeowners insurance in a literal hotbed of tinder is a nightmare.

It didn't used to be this bad but - the "climate change that isn't happening" has been getting worse over the years, and now it's not happening enough to impact homeowners insurance.

It was always "this bad"...

It's just that most people didn't live in the areas considered "hotbeds of tinder"...

That, and they knew how to clear the underbrush to help prevent the spread of wildfires...

[Stu from NYC]

Originally Posted by JMintzer

It was always "this bad"...

It's just that most people didn't live in the areas considered "hotbeds of tinder"...

That, and they knew how to clear the underbrush to help prevent the spread of wildfires...

Never understood not clearing the underbrush so foolish not to.

[Lisuccia]

Originally Posted by CoachKandSportsguy

Allstate has quietly stopped new home insurance policies in California

behind a paywall, but you get the point

They've also quietly stopped writing new home insurance policies in Florida "for now." It doesn't affect current policy holders: Allstate stops writing new policies in Florida | wtsp.com

[CoachKandSportsguy]

Originally Posted by Robbb

Kind of worthless to post a link that you have to subscribe to a newspaper to read.

You must be new here!

Many people want sources to back up typed claims. . most of them are from Missouri, and that's OK, but it gives some validity to the poster's claim that's its not the typical BS some posters type as their opinion

Welcome aboard!

[Susan1717]

State Farm also quit selling home insurance in CA as well as FL. All weather and disaster related. They tried to blame politics here in FL but now out of CA as well. Not politics, but disaster claims.

[Duppman]

Originally Posted by CoachKandSportsguy

Allstate has quietly stopped new home insurance policies in California

behind a paywall, but you get the point

State Farm has stopped issuing policies on new homes in California.

State Farm decision to stop issuing homeowners insurance in California may drive up premiums - CBS San Francisco

[NoMo50]

Originally Posted by OrangeBlossomBaby

California and Oregon are HUGE fire hazard areas. Just like trying to find hurricane insurance that covers roof replacement costs in Florida is a nightmare, trying to find affordable homeowners insurance in a literal hotbed of tinder is a nightmare.

It didn't used to be this bad but - the "climate change that isn't happening" has been getting worse over the years, and now it's not happening enough to impact homeowners insurance.

Having been born and raised in southern California, I can tell you that not only has it always been this bad, it has been worse. In the late 60's and early 70's, wildfires across the hills between the mountains and the coast were regular occurrences.

Driven by the Santa Ana winds, those fires would race through the dry grass and scrub brush unimpeded, as they had been doing for thousands of years. The big difference between then and now is that homes have been built on those hills and valleys. The fires still occur, as they always have, but now they cause billions of dollars in damage. My old stomping grounds, back in 1969, had a population of around 29,000 souls. Today that same area is home to nearly 700,000 people. Do the math.

It is not unlike building a home in certain areas around New Orleans. If you build a home at an elevation that is lower than the Gulf of Mexico, and Lake Pontchartrain, what are the chances your home may flood? When people settle into what are natural pathways for nature to vent, Mother Nature always wins.

[Robbb]

Originally Posted by OrangeBlossomBaby

You don't have to subscribe to it to read it, if you haven't read anything else from that newspaper in the past month. You get I believe 1 article per month free, no sign-in needed.

I didn't know, thank you.

[defrey12]

Originally Posted by Stu from NYC

Never understood not clearing the underbrush so foolish not to.

Yep, but “control burns” are bad. Just ask the climate kooks.